Financial Crisis Forced Shanghai Old Brand Enterprises To Pform

Yes, including

Labor intensive industries, among others, may have the biggest impact.

Many textile companies are facing rising costs.

And many difficulties such as export difficulties, some old textile enterprises in Shanghai still live "very moist", and the profits of enterprises are not reduced.

Shanghai min GUANG company.

Although this old factory seems to be a bit dilapidated, the company has a history of "over four years" with "queens", "phoenix", "Min Guang" and "picking up the crowd". It has a history of more than 70 years.

In this environment, we achieved a 15% increase in operating revenue in the first half of this year.

Min Guang attributed this to the timely pformation of enterprises.

Weng Hesheng, general manager of Shanghai min Guang International Enterprise Co., Ltd., said: "we have made a pformation, that is, pforming production and operation to brand management, and one is the change of our products."

Shanghai min Guang has moved all production lines to areas with relatively low labor costs, such as Jiangsu and Zhejiang. All products are processed by local OEM, and they are responsible for supervising the quality.

At the same time, min Guang also increased investment in R & D and design, and injected "technology" and "fashion" elements into old brands.

In view of the difficulties encountered in export, min Guang also adjusted the train of thought in time.

Weng Hesheng, general manager of Shanghai min Guang International Enterprise Co., Ltd. said: "then, on the top of exports, we are based on quality, and one is to make some adjustments, so what we need to make up for the adjustment is to stimulate domestic demand."

So far this year, the Shanghai Textile Holding Group has no losses in its old brand enterprises. The sales revenue in the first half of the year increased by an average of 14% over the same period.